Overview
What is Dream Center Academy?
Dream Center Academy is a nonprofit organization situated in Gastonia, North Carolina, with a focus on nurturing students from the Gaston County Schools. Their primary mission is to empower these students, equipping them with both academic and social skills necessary to excel in higher education and thrive beyond it. They aim to foster generations of college graduates and responsible citizens within their community. With a dedicated workforce of three individuals, Dream Center Academy strives to build a strong foundation for their students' future success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Dream Center Academy has received a solid Three-Star rating from Charity Navigator, reflecting a commitment to strong accountability and finance practices. The rating is based entirely on the organization's impressive Accountability & Finance score of 86%, indicating effective management of financial resources and transparency in operations.
The organization boasts a fully independent board, with 100% of its members being independent, and has a robust size of 17 members. Its financial oversight is commendable, with an established Audit and Oversight Committee and a clean record regarding material diversion of assets. Additionally, the program expense ratio is noteworthy, with 81.77% of expenditures directed towards program services, highlighting the charity's focus on its mission.
While Dream Center Academy demonstrates strengths in governance and financial stewardship, the rating does not provide insight into the organization's programmatic effectiveness or impact. As such, interested stakeholders may want to explore further how the charity translates its financial accountability into tangible outcomes for those it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Dream Center Academy legitimate?
Dream Center Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dream Center Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,282
For more financial information, click here
What is the mission statement of Dream Center Academy?
Dream Center Academy's mission is centered around empowering students from the Gaston County Schools. The academy aims to foster a sense of ownership over education in its students by cultivating essential academic and social skills. These skills are vital for their success in higher education and beyond. The ultimate goal is to nurture generations of students who graduate from college and contribute positively to their communities.
Who is the CEO of Dream Center Academy?
Marty Starnes is the Chair of Dream Center Academy.
What is the revenue of Dream Center Academy?
Dream Center Academy's revenue in 2023 was $757,488.
Who are the executives of Dream Center Academy and what are their salaries?
The average compensation at Dream Center Academy during 2023 was $69,761. There are 3 employees at Dream Center Academy.
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Where can I find the form 990 for Dream Center Academy?
Dream Center Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Dream Center Academy
Dream Center Academy, a nonprofit organization, is committed to empowering students within the Gaston County Schools. Its mission is to foster an environment where students take ownership of their education by honing both their academic and social skills. This equips them with the necessary tools to excel in college and beyond, ultimately transforming them into productive citizens of their community. The vision of Dream Center Academy is to cultivate generations of students who attain college degrees and contribute positively to society.
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Impact
July, 2024
Dream Center Academy's impact is evident in its dedication to empowering students in Gaston County Schools to take ownership of their education. By developing academic and social skills essential for success in college and beyond, this organization is playing a crucial role in shaping the future of its students. The vision of Dream Center Academy to create generations of college graduates and productive community members reflects a commitment to long-term impact and positive change. Through its human services efforts in Gastonia, NC, Dream Center Academy is making a tangible difference in the lives of students, setting them on a path towards academic success and personal growth.
This information is meant to be a general summary of Dream Center Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,134
- Program Service Revenue: $83,746
- Gross Receipts: $757,488
Assets and Liabilities:
- Total Assets: $176,372
- Total Liabilities: $0
- Net Assets: $176,372
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$83,746
Organization Details
Founding Year
2006
Principal Officer
Marty Starnes
Main Address
635 S MYRTLE SCHOOL RD, GASTONIA, NC, 28052
NTEE Category
Code: P40 - Human services
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